"Only a small proportion of plastics produced globally is recycled with most of it damaging the environment
and aquatic bio-diversity. Both these are global challenges and the resolutions piloted by India at the UNEA are vital first steps towards addressing these issues and attracting focus of the global community," he said.
India also hosted, in the High-Level Segment of UNEA, a session on 'Global Partnerships: Key to Unlocking Resource Efficiency and Inclusive Green Economies' which was attended by representatives of member states, civil society organizations, private sector bodies, leading financial institutions and countries like Germany, Brazil and South Africa.
The Indian delegation also participated in the panel discussion on 'Need for Additional Commitments of Public Finance and ways to Maximize Mobilization of Climate Finance', the statement said.
It was highlighted that climate finance is an important lever for climate action related to both mitigation and adaption in developing countries. The contributions to climate finance need to be in consonance with the basic principles of common but differentiated responsibility and respective capabilities (CBDR-RC).
"Climate finance is more of an obligation of the developed countries based on their historical emissions. The availability of sufficient, additional and predictable climate finance is a key for action. India has been initiating domestic climate actions, both related to climate change mitigation and adaptation, primarily through its own financial resources. There is a sense of urgency for financial support to developing countries, which have not been so responsible for these global environmental concerns," the statement added